TNB launches financing framework for energy transition, first in Asean

TNB launches financing framework for energy transition, first in Asean

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) launches guideline to reinforce link between financing and energy transition efforts, making it the first electricity utility player in Asean to do so. © New Straits Times Press (M) Bhd

Malaysian firms to adopt National Sustainability Reporting Framework to enhance sustainability disclosures

Malaysian companies will need to adopt the National Sustainability Reporting Framework (NSRF), developed by the Advisory Committee on Sustainability Reporting (ACSR), which is set to enhance the state of sustainability disclosures in Malaysia, the Securities Commission Malaysia (SC) said Tuesday. SC said in a statement that the NSRF addresses the use of the IFRS® Sustainability Disclosure Standards issued by the International Sustainability Sta…

Experian Launches New Tool to Help Businesses Track Ownership for KYC - Fintech News Malaysia

Experian Information Services Malaysia has launched Global UBO, a solution aimed at enhancing due diligence and compliance for businesses. The tool offers detailed insights and standardised analysis of Ultimate Beneficial Ownerships (UBOs) across over 200 markets through a comprehensive report. This helps organisations meet regulatory and KYC standards by supporting informed decision-making. The Global UBO solution provides benefits such as impr…

Malaysian companies to start complying with sustainability reporting framework in phases from 2025, says SC

With the launch of the NSRF, Malaysia joins more than 20 jurisdictions around the world, representing a collective global gross domestic product (GDP)...

Malaysia Launches New AI Governance Guidelines

On September 20, Malaysia unveiled a set of guidelines aimed at regulating artificial intelligence (AI) practices within the nation. The Deputy Prime Minister, Fadilah Yusof, presented these guidelines, known as the National Guidelines on AI Governance and Ethics (AIGE). This initiative is intended to create a framework for policymakers, AI firms, and users to adhere to ethical standards in AI development and deployment.… Read the rest The post …

Firms to comply with sustainability reporting framework in phases, says SC

The first phase will see large-listed issuers on Bursa’s Main Market with market capitalisation of RM2 billion and above begin using the new standards next year.